Hey, new college student!
A checking account with debit card allows you to pay for expenses, make purchases in stores or online, and withdraw money from an ATM. And, when you receive student funding or a paycheck you’ll be able to opt for direct deposit. You'll be able to link your debit card to your smartphone to make super-easy and safe mobile transactions.
• Ask your parents and friends for recommendations
• Check out the financial institution’s social media and website
• Read reviews
Digital banking lets you manage your money without visiting a branch. But, if you do need to make an in-person transaction, there are over 5,600 other credit unions in the U.S. that participate in Shared Branching - and you can do business at one just like you would here at home.
*Bonus – other OFCU members (ahem...like your parents) are able to transfer money quickly and safely to your account through digital banking.
Here are some links you may find useful.
- A list of what you will need to open an account with a financial institution.
- The Cost of College (3-minute read): This article from our education partner, Banzai, also includes a budgeting coach!
- Some ways you can build credit.
We are here to help.
We are always ready and happy to answer questions (there are no stupid ones!), offer advice and resources, and guide you through your financial journey. You can reach us by completing this form, giving us a call at 800.991.9219 or stopping by a branch.